Sell DOT/USDT – 30M – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Polkadot/Tether (DOT/USDT) goes from the ascending trendline downwards

A descent down to the next support level at 1.547 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 1.651 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 1.752
2nd High 1.683
Next High 1.651
Current Price 1.575000000
Next Low 1.547
2nd Low 1.522
3rd Low 1.235

1.651 – 1.683 – 1.647 – 1.547 – 1.522 – 1.567 —
1.610000000 – 1.619000000 —
50.556604343961 – 54.688315802757 —
– —
1.651 – 1772222400

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